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In this tutorial, the speaker discusses essential elements that should be included in a services business contract, using a one-page contract from their early days as an example. They emphasize the basics of contract formation and introduce tools for quickly obtaining legally binding signatures. The video includes a free contract template for viewers to use in signing clients. The speaker encourages engagement by asking viewers to like, subscribe, and comment for more content, and provides links to access the free template and a tool called Signaturely for managing contracts.